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mylen [45]
4 years ago
15

Merchandise is ordered on june 13; the merchandise is shipped by the seller and the invoice is prepared, dated, and mailed by th

e seller on june 18; the merchandise is received by the buyer on june 19; the entry is made in the buyer's accounts on june 16. the credit period begins with what date
Business
1 answer:
scoundrel [369]4 years ago
4 0

June 18th.

The date that the buyer receives the item is not important for the credit period, which starts the day the items are send out and invoiced.

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The present value of paying $10,000 at the end of each year for 3 years and then $100,000 at the end of the 3rd year with a 12%
erma4kov [3.2K]

Answer:

$95,196.34

Explanation:

The answer to this question depends on the answer given, but it is not showing in this case so , find the present value of all the cashflows;

Recurring cashflow ; PMT= 10,000

Total duration; N =3

Interest per year; I/Y = 12%

Future value; FV = 100,000

then CPT PV = 95,196.337

The present value of these payments is $95,196.34

7 0
3 years ago
The exchange gain or loss on repatriated funds from a foreign branch is calculated by multiplying the nominal amount of the fund
Verizon [17]

Answer: the difference between the exchange rate on the date of repatriation and the exchange rate used to translate the branch's pretax income.

Explanation:

Repatriation simply means converting of foreign currencies into local ones. Earning of income in foreign currencies, by a comoany are typically subject to risk regarding foreign exchange which could bring about a loss.

It should be noted that the exchange gain or loss on repatriated funds from a foreign branch is calculated when the nominal amount of the funds is multiplied by the difference between the exchange rate on the date of repatriation and the exchange rate used to translate the branch's pretax income.

6 0
3 years ago
Frames, Inc. manufactures, produces, and sells picture frames. The frame sells for $25 and the variable operating costs per unit
astraxan [27]

Answer:

D) $320,000

Explanation:

We are given the following information:

  • unit price = $25 per frame
  • variable costs = $12 per frame
  • fixed costs = $50,000 for 25,000 frames or $2 per frame

If Frames is able to sell 30,000 frames in one month, their operating income should be:

Total sales revenue                $750,000 (= $25 per frame x 30,000 frames)

<u>COGS                                      -$430,000 [= (30,000 x $12) + $70,000]        </u>

Gross operating profit            $320,000

7 0
3 years ago
Type the correct answer in the box. Spell all words correctly.
Blababa [14]

The ethical relativism principle represents that there is no means to identify between right and wrong in morality, while the moral relativism principle declares that there is no manner to differentiate between right and wrong in morality.

<h3>What is ethical and Moral relativism?</h3>

Morality is said to be relative to one's culture's norms, according to ethical relativism. To put it another way, the moral rules of the society in which a process is carried out decide whether it is proper or wrong.

A morally correct behavior in one civilization may be ethically incorrect in another.  Acceptance of a fact-value gap has driven most kinds of ethical non-cognitivism, such as moral relativism.

Moral relativism, unlike ethical non-cognitivism, does not deny that moral assertions can be true; rather, it denies that they can be made true by an objective, transcultural moral order.

Therefore, the ethical and Moral relativism are the correct answers of the given problem.

Learn more about the morality, refer to:

brainly.com/question/13324831

#SPJ1

8 0
2 years ago
Complete the following sentence.
tiny-mole [99]

Answer:

Auditor

Explanation:

If an interviewer has suspicions of fraud, the interviewer may call on a fraud AUDITOR to assess the situation.

This is because a FRAUD AUDITOR is a type of auditor who based on his experience and background, works as a professional in the gathering of verifiable evidence in terms of fraud and eventually serves as an expert witness during the legal proceeding of such cases.

8 0
3 years ago
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